1401 Hill ST
About This Property
Welcome to this beautifully updated 3-bedroom, 1½-bath home nestled on a gorgeous .73-acre corner lot in the heart of Bastrop's historic district! With its character-filled longleaf pine floors, spacious yard, and convenient location, this property offers a wonderful blend of classic charm and modern comfort.
Inside, the owner has thoughtfully completed numerous updates, including foundation leveling, refinished longleaf pine floors, new low-E windows, tinted living room windows, and attractive 2-inch blinds. The updated kitchen features quartz countertops and a stainless-steel gas range, making it both functional and inviting. The primary bedroom includes a convenient half bath, while the spacious full bathroom offers a large step-in shower, newer vanity sink, and tile flooring. Several linen closets provide excellent storage, and the abundance of windows fills the home with natural light.
Step outside and enjoy the cute covered front porch or the partially covered back porch/deck, complete with a wood ramp for easy access and stairs. The entire yard is enclosed with chain-link fencing, offering space for pets, gardening, entertaining, or simply enjoying the outdoors. The concrete driveway has been redone, & a one-car garage/storage building is conveniently located next to it.
The location is great! You're approx. 10 mins from BoringCo, Starlink, SpaceX, and X, & about 25 minutes from ABIA & Tesla.
Enjoy Bastrop's two state parks, Lake Bastrop's RV camping, glamping, boating, and recreation opportunities, or spend time on the Colorado River tubing, kayaking, fishing, two golf courses, year-round birding, there's always something to explore.
And when it's time for dinner, shopping, or live music, you can walk or ride your golf cart downtown to enjoy Bastrop's fine and casual dining, unique shops, & live entertainment.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 10, 2026 | Listed by Kana Real Estate | $425,000 | |
| Listed by Kana Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017